five star quality care (FVE) Key Developments
Five Star Quality Care Inc. Secures Revolving Credit Facility
May 14 14
Five Star Quality Care Inc. announced that lenders under each of $150.0 million secured revolving credit facility and $25.0 million secured revolving credit facility have waived, until June 15, 2014 and June 16, 2014, respectively, any default resulting from not timely delivering the financial statements for the quarter ended March 31, 2014, as required under these credit facilities.
Five Star Quality Care Inc. announced delayed 10-Q filing
May 13 14
On 05/13/2014, Five Star Quality Care Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Five Star Quality Care Inc. Receives Non-Compliance Notice From NYSE
Apr 8 14
On April 8, 2014, Five Star Quality Care Inc. issued a press release announcing it had not filed annual report on Form 10-K for the year ended December 31, 2013, or 2013 annual report, on or before April 1, 2014, as required in order for 2013 annual report to be considered timely filed under the requirements of the Securities and Exchange Commission, or the SEC, and the New York Stock Exchange, or the NYSE. The company also announced that it had not yet filed restated annual report on Form 10-K for the year ended December 31, 2012, restated quarterly reports on Form 10-Q for each of the quarters ended March 31, 2013 and June 30, 2013 and quarterly report on Form 10-Q for the quarter ended September 30, 2013, collectively with 2013 annual report, required SEC reports. The reasons the company has not yet filed required SEC reports are the same as those described by the company in Form 12b-25 filed with the SEC on March 18, 2014, except that more time is required to complete required SEC reports. On April 2, 2014, the company received a notice from the NYSE indicating that it is not in compliance with the NYSE’s continued listing requirements under the timely filing criteria outlined in Section 802.01E of the NYSE Listed Company Manual as a result of failure to timely file 2013 annual report. The NYSE has informed that, under the NYSE rules, the company will have six months from the filing due date to file 2013 annual report with the SEC. The company can regain compliance with the NYSE listing standards at any time prior to such date by filing 2013 annual report with the SEC. If the company fails to file 2013 annual report within that six month period the NYSE may grant, in its discretion, a further extension of up to six months, depending on the specific circumstances. The letter from the NYSE also notes that the NYSE may commence delisting proceedings at any time if the circumstances warrant. The company continues to work to file required SEC reports, including 2013 annual report, with the SEC as soon as possible. Upon making such filings, the company expects to again be in compliance with the continued listing requirements of the NYSE.
Five Star Quality Care Inc. announced delayed annual 10-K filing
Mar 18 14
On 03/18/2014, Five Star Quality Care Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
Five Star Quality Care Inc. Presents at Noble Financial Capital Markets Tenth Annual Equity Conference, Jan-21-2014 02:00 PM
Jan 14 14
Five Star Quality Care Inc. Presents at Noble Financial Capital Markets Tenth Annual Equity Conference, Jan-21-2014 02:00 PM. Venue: Club Med Sandpiper Bay Resort & Spa, Room One, 4500 SE Pine Valley Street, Port Saint Lucie, Florida, United States. Speakers: Bruce J. Mackey, Chief Executive Officer and President, Paul V. Hoagland, Chief Financial Officer, Principal Accounting Officer and Treasurer.